Popular Estate Management Ltd — Results, 20-05-2025: Result

Popular Estate Management Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported other income of Rs. 46.58 lakh due to reversal of previously disputed rent liability. Total expenses were Rs. 67.50 lakh for the year, leading to a net loss of Rs. 35.51 lakh. The company’s financial position shows total assets of Rs. 50.49 crore against equity of Rs. 42.43 crore. No tax expense was recorded. Contingent liabilities include income tax claims of Rs. 22.17 crore, which the company is contesting but does not expect to materially impact its financials. The auditor issued an unmodified opinion on the results.